Mahindra Manulife Mutual Fund launched its Income Plus Arbitrage Active Fund of Funds (FOF), targeting stable post-tax returns over 24 months with a debt-arbitrage mix. The fund aims to offer risk managed income during volatile market conditions, giving investors an opportunity to gain from arbitrage opportunities in the debt market. This move is aligned with the current market demand for safer, income generating investments.

HDFC Mutual Fund has unveiled a new midcap fund aimed at tapping high growth sectors despite the ongoing market volatility. With a targeted corpus of ₹1,500 crore, the fund seeks to invest in mid sized companies with robust growth potential. The new offering, designed for long term investors, will use HDFC’s research driven approach to manage risk while aiming for strong returns in the dynamic midcap space.